Fixed index annuity review and rates

Power Select Builder

Power Select Builder - Index annuity focusing on asset accumulation with no guaranteed living benefit Rider.
Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.4% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.75% Cap
1-Year Russell 2000 PTP Participation Rate
Point to Point
Annual
35% Participation
1-Year AB All Market PTP Enhanced Participation Rate Tier 1
Point to Point
Annual
225% Participation
1-Year AB All Market PTP Enhanced Participation Rate Tier 2
Point to Point
Annual
275% Participation
2-Year AB All Market PTP Enhanced Participation Rate Tier 1
Point to Point
Biennial
330% Participation
2-Year AB All Market PTP Enhanced Participation Rate Tier 2
Point to Point
Biennial
380% Participation
1-Year Dimensional US Foundations PTP Participation Rate
Point to Point
Annual
175% Participation
2-Year Dimensional US Foundations PTP Participation Rate
Point to Point
Biennial
280% Participation
1-Year Dimensional US Foundations PTP Enhanced Participation Rate Tier 1
Point to Point
Annual
225% Participation
1-Year Dimensional US Foundations PTP Enhanced Participation Rate Tier 2
Point to Point
Annual
275% Participation
2-Year Dimensional US Foundations PTP Enhanced Participation Rate Tier 1
Point to Point
Biennial
330% Participation
2-Year Dimensional US Foundations PTP Enhanced Participation Rate Tier 2
Point to Point
Biennial
380% Participation
2-Year AB All Market PTP Participation Rate
Point to Point
Biennial
280% Participation
2-Year PIMCO Global Optima PTP Participation Rate
Point to Point
Biennial
95% Participation
1-Year AB All Market PTP Participation Rate
Point to Point
Annual
175% Participation
2-Year ML Strategic Balanced PTP Spread
Point to Point
Biennial
0.25% Spread
1-Year ML Strategic Balanced PTP Participation Rate
Point to Point
Annual
90% Participation
1-Year PIMCO Global Optima PTP Participation Rate
Point to Point
Annual
60% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
44% Participation
1-Year Fixed Account
Fixed
4.4% Fixed
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
50% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.75% Cap
1-Year Russell 2000 PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year AB All Market PTP Enhanced Participation Rate Tier 1
Point to Point
Annual
250% Participation
1-Year AB All Market PTP Enhanced Participation Rate Tier 2
Point to Point
Annual
300% Participation
2-Year AB All Market PTP Enhanced Participation Rate Tier 1
Point to Point
Biennial
350% Participation
2-Year AB All Market PTP Enhanced Participation Rate Tier 2
Point to Point
Biennial
400% Participation
1-Year Dimensional US Foundations PTP Participation Rate
Point to Point
Annual
200% Participation
2-Year Dimensional US Foundations PTP Participation Rate
Point to Point
Biennial
300% Participation
1-Year Dimensional US Foundations PTP Enhanced Participation Rate Tier 1
Point to Point
Annual
250% Participation
1-Year Dimensional US Foundations PTP Enhanced Participation Rate Tier 2
Point to Point
Annual
300% Participation
2-Year Dimensional US Foundations PTP Enhanced Participation Rate Tier 1
Point to Point
Biennial
350% Participation
2-Year Dimensional US Foundations PTP Enhanced Participation Rate Tier 2
Point to Point
Biennial
400% Participation
1-Year PIMCO Global Optima PTP Participation Rate
Point to Point
Annual
75% Participation
1-Year AB All Market PTP Participation Rate
Point to Point
Annual
200% Participation
2-Year AB All Market PTP Participation Rate
Point to Point
Biennial
300% Participation
1-Year ML Strategic Balanced PTP Participation Rate
Point to Point
Annual
115% Participation
2-Year ML Strategic Balanced PTP Spread
Point to Point
Biennial
2-Year PIMCO Global Optima PTP Participation Rate
Point to Point
Biennial
110% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 10% 9% 8% 7% 6% 5% 4% 3% 2% 1%
American General Life Insurance Company
Founded: 1919
A.M. Best: A
Fitch: A+
S&P: A
Moody's: A2
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, IRA, Spousal IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, Stretch IRA, Inherited IRA, NQ Stretch, and TSP